Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
The Federal Reserve Board and the Federal Deposit Insurance Corp. (FDIC) are jointly seeking public comment on a proposal to modify their resolution plan – or “living will” – requirements for U.S. and foreign banking […]
Two veterans at the regulator of national banks were honored with “senior national bank examiner” designations this week, reflecting the quality of their service as field examiners and subject matter experts, the agency said this […]
Treasury Secretary Steven Mnuchin Friday sent along a word of thanks for Comptroller of the Currency Joseph Otting, as the latter ended his temporary service in his additional role as top regulator of the government-sponsored […]
Title: Regulatory Capital Treatment for Investments in Certain Unsecured Debt Instruments of Global Systemically Important U.S. Bank Holding Companies, Certain Intermediate Holding Companies, and Global Systemically Important Foreign Banking Organizations Subject: Capital Agency: FDIC, Federal […]
An institution that calls itself First National Bank, reportedly located on 9th Street in Minneapolis, Minn., is not a national bank even though it presents itself to be one, the Office of the Comptroller of […]
Federal bank and credit union regulators are inviting comments until June 4 on renewal of the FFIEC Cybersecurity Assessment Tool created to assist financial institutions in assessing their inherent cyber risks and risk management capabilities, […]
Updated “frequently asked questions” (FAQs) about the new accounting standard on credit losses hit the street Wednesday, combining new questions and answers with those issued two and three years ago and replacing others. The Federal […]
The list of 25 Community Reinvestment Act (CRA) ratings of banking institutions that became public during the month of March includes 18 ratings of “satisfactory” and seven ratings of “outstanding,” the Office of the Comptroller […]
“Interconnectedness” of large banking organizations would be limited under a proposal issued by the federal banking agencies Tuesday and aimed at reducing the impact of a failure of a large financial firm. The Federal Deposit […]
As of Monday, Maryann Kennedy is the senior deputy comptroller for large bank supervision at the Office of the Comptroller of the Currency (OCC), the agency announced in a release. Kennedy, formerly the agency’s deputy […]
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